NONADMITTED INSURANCE TAX
Known as the Nonadmitted Insurance Tax Law
The act spans §§ 13201–13222 (6 sections).
Added by Stats. 1993, Ch. 1142, Sec. 3
(a) All amounts collected shall be transmitted to the Treasurer and deposited in the State Treasury to the credit of the Insurance Tax Fund that is created by Section 13151.
(b) Moneys in the Insurance Tax Fund shall be drawn therefrom for the purpose of paying refunds under this part.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.